Latest news in Benefits Canada News

Nordstrom offering hiring, overnight bonuses this holiday season

Nordstrom Inc. is ramping up its hiring efforts this holiday season by offering new employees up to $650 in incentive pay. As the busy holiday…

  • By: Staff
  • November 24, 2021 November 24, 2021
  • 15:00

Manulife employee adopts 2 children with help from enhanced benefits offering

Mandy Kwasnica and her husband’s lifelong dream to add children to their family has come true. The couple recently brought two children — Anya, 9,…

  • By: Staff
  • November 24, 2021 November 23, 2021
  • 09:00

Majority of U.S. employees lack confidence in employers’ return-to-workplace plans

Nearly two-thirds (63 per cent) of U.S. employees said they lack full confidence that their organization’s post-coronavirus pandemic workplace strategy is the right decision for…

  • By: Staff
  • November 24, 2021 November 23, 2021
  • 09:00

BCI updates code of ethics, personal conduct to address DEI-related issues

The British Columbia Investment Management Corp. is updating its code of ethics and personal conduct to include a section outlining its expectations from employees around…

  • By: Staff
  • November 23, 2021 November 22, 2021
  • 10:00
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AIMCo sees quarterly returns of 1.7 per cent, CPPIB up 3.8 per cent

The Alberta Investment Management Corp. saw returns of 1.7 per cent during the third quarter of 2021, according to its quarterly report. Between July and…

  • By: Staff
  • November 23, 2021 November 24, 2021
  • 09:00

CPPIB refinances packaging company, invests in reinsurance provider alongside OMERS; AIMCo invests in Asian PE fund

The Canada Pension Plan Investment Board is recapitalizing an expanding packaging business. The institutional investor has signed an agreement with the U.S.-based Berlin Packaging, a…

  • By: Staff
  • November 23, 2021 November 22, 2021
  • 09:00

Expert panel: How to connect with employees in a remote world

In Canada, the coronavirus pandemic is entering a new phase — vaccines are widely available, travel restrictions are gradually lifting and people are returning to…

More U.S. employers letting workers choose if they come into office: survey

Slightly more than one third (36 per cent) of U.S. employers said they’re giving employees a choice about coming into the office, up from 15…

  • By: Staff
  • November 22, 2021 November 22, 2021
  • 15:00

Citigroup supporting employee wellness as return-to-office plans take shape

As Citigroup Inc. begins rolling out its plans for returning to the workplace, it’s focusing on supporting employees’ mental health and wellness throughout the transition.…

Employer health benefits cost trends to rise 8.1% globally in 2022: survey

Employer-sponsored health benefits cost trends are expected to increase 8.1 per cent on average globally in 2022, according to a new survey by Willis Towers…

  • By: Staff
  • November 19, 2021 November 19, 2021
  • 15:00

Employees want more comprehensive benefits coverage: survey

Canadian employees want more comprehensive coverage under their benefits plans, according to a survey by the Conference Board of Canada and Telus Health. The survey,…

  • By: Staff
  • November 19, 2021 November 29, 2021
  • 09:05

Employee who didn’t read terms of stock option agreement has case overturned

The Ontario Court of Appeal has overturned a Superior Court decision that allowed an employee to receive his stock option awards throughout his 24 months…

Top 5 HR, pension and benefits stories of the week

A story looking at dynamic pension pools as a decumulation option took the top spot over the past week on BenefitsCanada.com. Here are the five most popular…

  • By: Staff
  • November 19, 2021 November 19, 2021
  • 09:05
Editorial: Company culture in the age of coronavirus

Editorial: Discussing decumulation, slow pace of change in Canada’s pension industry

If I’ve learned one thing about the Canadian pension industry over the past six years, it’s that change comes at a snail’s pace. When I…

Head to head: Should Canadian governments eliminate pension solvency funding rules?

With defined benefit pension solvency reforms gradually coming in across the country, two experts debate whether there’s a better way to ensure DB plan sustainability…

A look at the Co-operators Group’s new decumulation offering

One, as Harry Nillson crooned in his classic breakup song, can feel like the loneliest number. At the end of working life, many retirees with…

Top 2021 Money Managers Report: What questions should pension plan sponsors ask in 2022?

In the early days of 2020, no one could have foreseen the social and economic havoc the coronavirus pandemic would wreak on the world. Nearly…

  • By: Blake Wolfe
  • November 19, 2021 November 19, 2021
  • 08:53

How employers can use benefits offerings to support Indigenous employees

Real progress means walking the walk, not just talking the talk. In recent months, many employers have shown support for the Indigenous community by lowering…

CBC Pension Plan stays the course with liability-driven investment model

The best ship captains don’t put too much faith in weather forecasts — or those who do tend to see their vessels flounder. Perhaps that’s…

Back to basics on captive arrangements

Five years ago, Rolls Royce Canada Ltd. realized its insurer and one of its European divisions’ insurers had separate reinsurance through a larger multinational company,…

Q&A with Purolator’s Anna Manocchio

Purolator Inc.’s senior director of total rewards and human resources technology talks mental-health leadership, return to the workplace and the benefits of time outdoors. Q:…

  • By: Blake Wolfe
  • November 19, 2021 December 13, 2021
  • 08:49

HOOPP buys shares in P&C insurance company, Caisse invests in private equity fund

The Healthcare of Ontario Pension Plan and Swiss Re Investments Holding Co. Ltd. are purchasing common shares in a Canadian property and casualty insurance company…

  • By: Staff
  • November 18, 2021 November 18, 2021
  • 15:00

Canadian investors less skeptical of corporate ESG than global average: survey

Nearly three-quarters (72 per cent) of Canadian institutional investors don’t believe companies can be trusted to achieve their stated environmental, social and governance commitments, according…

  • By: Staff
  • November 18, 2021 November 18, 2021
  • 11:55

Group of DB pension plans release educational video for financial literacy month

To celebrate Financial Literacy Month, a consortium of public sector defined benefit pension plan sponsors are releasing an informational video designed to educate their plan members…

  • By: Staff
  • November 18, 2021 November 18, 2021
  • 10:30

Employers enhancing meaningful benefits offerings to attract, keep top talent

Many companies used to boast about their modern offices with gyms, fully-stocked kitchens and even bowling alleys. But when the coronavirus pandemic hit, sharing a…